The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-07-08
HaG way TAEY FIND 1T.
MEN OF MEANS FRON OTHER
CITIES IN MEMPHIS.
A Big Deal In Chlckasaw Land Com.
pany Stock and Its Sig
nIflcance.
ONE or The PARTY SURPRISED
AT LOCAL ADVANTAGES.
Many q Manufacturer and Investor
Has His Eyes Turned In This
direction,

quired OF Mr. VsnHooss what was the
result Of the negotiations between the
Chickssaw LSnd Company and the
party OF Birmingham gentlemen who
had come over at his solicitation to
look over The company's property aud
investigate it's plans and prospects an d
Memphis generally. 1t was learned
that the company agreed to sell them
$4,000, although the prics had been
advanced TO SOC; that they wanted
the balance OF the 100000 remaining
Of the $3.50, 900 fret offered, but t.s
company declined to take 81 L, since at
the aucuon sale Of lots ON August 18th,
the date fixed for that and the full
opening OF the motor line, the com.
pany was obligated 10 take It back at
Its lace value In payment for its most
choice lots thus sold, or, as Mr.. Van
Hoose expressed It, its purchasing
power Is a dollar, and we will get In
the Deighborhood of it's face value or
withdraw II entirely"
Mr.. Jamison remained over yester.
day to perfect the eale and was seen At
the Gayoso last evening for q few mo.
meuts. He said that they were all de-
lighted with the city aud certainly 40.
preclRted the earnest cordiality and
hearty welcome given his party BY all
the Memphis men they had met. He
spoke In strong and enthusiastic
terms OF the city and it's outlook
and that the only criticism which his
party would feel willing or yentured
to make, was that Memphis was too
content with her magnificent cotton
trade, and was not boldly reaching out
and graphing with st. Louis, Cincin.
natl, Cleveland and other Western
cities In the way OF manufacturing.
That Birmingham was shipping daily
hundreds OF cars OF pig iron TO these
places where II was manufactured in.
to = thousand things and then sold
right In aud around Memphis. That
In birmingham the kindliest
feeling prevailed toward Memphis,
and that Birmingham was anxiously
expecting the completion OF the grand
iron hig, way between them, eager to
ship here her pig iron and steel and
have II here, on the banks of the
mighty river, converted into articles
OF oil kinds useful to man. That
the one thing now neediul, absolutely
essential to Memphis becoming a real.
ly great city, was the magic
words pay rolls"-the weekly out
put OF cash-money which would AZ
once 20 right back into the tiIls OF the
shopkeeper, butcher and baker, thus
giving q steady volume Of uniform
dow Of money all the year round.
There Is OF course nothing new In
al this, and the APPEAL only gives
such news prominence 10 convince
the people still further that this ia the
universal verdict of all strangers. In
fact II is the one great ifsue now be.
lore the people, and In taat
effort al must unite earnest.
ly, heartily and unitedly, CO. operate
Aud right here, even at tue rick Of
seeming proey or tiresome, this pspsr
would like TO say that while IL is be.
lieyed the Memphis heart 70 big
enough and generous enough 10 wish
all other towns success and growth.
still II makes US vince a little !
TO see other places with not
ball the advantages OF Memphis secur.
i,g plants and enterprises which
should come here. Enterprises which, |
II Ia known full well, would have |
made great Zeal more money for
their stockholders, u they had only |
Investigated here before going else. |
where.
Among the many things which Mr.. |
Jemison said had esp fcially attrac,ed |
them here, was the excellent form of |
city government and the high stand. |
ing OF the men vii ing 10 serve In the |
capacity OF aldermen. He also
spoke OF the good effect |
on The outside world OF the strong.
hopeful tone Of ihe city papers, and that |
while they did not ('lf he might be |
pardoned for such an apparent breach
OF courtesy have the wonderful push |
and snap Of some Of the Western pa.
pers, still the whole tone and make up |
oil the city press was 30 strong aud en-. |
couTaging that his party had largely |
been induced TO invest here by seeing
thia spirit OF conf lence in the papers,
When asl cd u HE friends or be felt |
any uneasinees In putting money in
here now, In the middle Of the sum
mer, he laughed and said, "No; not |
when We see your President Of |
the State Board OF Health put
ting $1,000 into Q residence for him. |
self the other day on Court street. |
Besides" he said, "now 10 the time 10 |
invest here. There Il certainly coming
here In the early fall q move ment aud
life which will amaze you. You peo-
pie In Memphis may not believe H. |
but when you see men from Kaneas
City and Birmingham who have
the deepest faith In their own places
coming In here and also investing, |
u means more than an idle venture.
We don't very often get fooled" he
added, "and the eyes oil many man.
uiacturer and investor are today
turned In this direction, and will come
here u the slightest encourag am emit Ia
held out 10 them 10 induce them 10
come. Now, must bid you good bye,
since leave for Birmingha tonight.
We will be back saturday ar Mondav